SCMN 2150 Exam 1 latest 2024 Graded A+ With
Solutions
Who is the most important participant in the supply chain? - ANSWER: the consumer
How many primary groups are in the supply chain? - ANSWER: 5
-suppliers
-manufacturers
-distributers
-retailers
-consumers
In reality, what does a supply chain look like? - ANSWER: a spiderweb
Supply Chain Management helps companies outpace the competition by managing
their materials, product, and information flows in order to be: - ANSWER: Better
Faster
Cheaper
Which utility allows companies to have products in locations where customer
demand will occur? - ANSWER: Place Utility
According to the second Episode 1 reading, the Gartner Top 25 ratings are based on
six criteria. Which of these is NOT one of those criteria? - ANSWER: Total supply
chain cost
The customer is not always the king. You need to balance supply chain service and
profitability, saving your best capabilities for your most profitable customers. -
ANSWER: True
All supply chains are constructed in a similar fashion with the same number and
types of participants. - ANSWER: False
In which type of product flow option do products move between facilities through an
interim facility where goods are quickly sorted, mixed, and moved immediately to
the customer? - ANSWER: Cross-dock
According to this week's reading about facility location, what types of products
should be produced near the final markets due to weight-gaining in the production
process? - ANSWER: Soft drinks
Distribution centers provide what benefit that is not readily available with cross-
docking or direct delivery? - ANSWER: Safety stocks to quickly handle customer
demand spikes
, As the number of distribution facilities in your network decreases and becomes
highly centralized, what happens to your costs? - ANSWER: Outbound delivery costs
to customers rise due to greater distance to customers
What is the primary benefit of direct shipping strategy? - ANSWER: Reduces delivery
time
What product flow option best fits the newspaper? - ANSWER: Direct Delivery
What product flow option best fits Puppy Chow dog food? - ANSWER: Distribution
Center
What product flow option best fits perishable chicken? - ANSWER: Cross-Dock
What product flow option best fits tents that are rented for Auburn football games?
tailgating? - ANSWER: Distribution Center
What is SCM? - ANSWER: the art of managing the flow of materials and products,
information, and financial resources from source to user.
7 Rights of SCM - ANSWER: 1. product
2. quantity
3. customer
4. time
5. place
6. condition
7. cost
What is a supply chain? - ANSWER: an integrated collection of organizations, people,
activities, information, and resources.
Goals of a supply chain? - ANSWER: -customer care
-competitiveness
-efficiency
-responsiveness
-resiliency
Better, faster, and cheaper
Key supply chain concepts - ANSWER: essential activities
key participants
back and forth flows
integrated processes
SCM focuses on: - ANSWER: essential activities:
-planning and forecasting (what will we build, buy, and sell?)
Solutions
Who is the most important participant in the supply chain? - ANSWER: the consumer
How many primary groups are in the supply chain? - ANSWER: 5
-suppliers
-manufacturers
-distributers
-retailers
-consumers
In reality, what does a supply chain look like? - ANSWER: a spiderweb
Supply Chain Management helps companies outpace the competition by managing
their materials, product, and information flows in order to be: - ANSWER: Better
Faster
Cheaper
Which utility allows companies to have products in locations where customer
demand will occur? - ANSWER: Place Utility
According to the second Episode 1 reading, the Gartner Top 25 ratings are based on
six criteria. Which of these is NOT one of those criteria? - ANSWER: Total supply
chain cost
The customer is not always the king. You need to balance supply chain service and
profitability, saving your best capabilities for your most profitable customers. -
ANSWER: True
All supply chains are constructed in a similar fashion with the same number and
types of participants. - ANSWER: False
In which type of product flow option do products move between facilities through an
interim facility where goods are quickly sorted, mixed, and moved immediately to
the customer? - ANSWER: Cross-dock
According to this week's reading about facility location, what types of products
should be produced near the final markets due to weight-gaining in the production
process? - ANSWER: Soft drinks
Distribution centers provide what benefit that is not readily available with cross-
docking or direct delivery? - ANSWER: Safety stocks to quickly handle customer
demand spikes
, As the number of distribution facilities in your network decreases and becomes
highly centralized, what happens to your costs? - ANSWER: Outbound delivery costs
to customers rise due to greater distance to customers
What is the primary benefit of direct shipping strategy? - ANSWER: Reduces delivery
time
What product flow option best fits the newspaper? - ANSWER: Direct Delivery
What product flow option best fits Puppy Chow dog food? - ANSWER: Distribution
Center
What product flow option best fits perishable chicken? - ANSWER: Cross-Dock
What product flow option best fits tents that are rented for Auburn football games?
tailgating? - ANSWER: Distribution Center
What is SCM? - ANSWER: the art of managing the flow of materials and products,
information, and financial resources from source to user.
7 Rights of SCM - ANSWER: 1. product
2. quantity
3. customer
4. time
5. place
6. condition
7. cost
What is a supply chain? - ANSWER: an integrated collection of organizations, people,
activities, information, and resources.
Goals of a supply chain? - ANSWER: -customer care
-competitiveness
-efficiency
-responsiveness
-resiliency
Better, faster, and cheaper
Key supply chain concepts - ANSWER: essential activities
key participants
back and forth flows
integrated processes
SCM focuses on: - ANSWER: essential activities:
-planning and forecasting (what will we build, buy, and sell?)
